Properties / 11723 W CAMINO VIVAZ
FHA ASSUMABLERate: 6.5%

11723 W CAMINO VIVAZ

$515,000
Sun City, AZ 85373
5 beds3 baths2,791 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$14,834 interest already paid off
Estimated Loan Balance$390,877
Cash to close$124,486
Est. Monthly PITI$3,061
Initial Loan Amount$392,307
Time on site45 days
Remaining Term29 years, 6 months
Seller's equity (what you pay)
$124,123
Cash or secondary financing
Monthly savings
$553
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Beautiful 4 bdrm + den home w/sparkling self-cleaning pool + convenient freeway access! The inviting floor plan features a dramatic staircase, spacious living & dining areas, subway-pattern tile, & laminate + carpet in the bedrooms. The open kitchen overlooks a family room & offers NEW GRANITE COUNTERS, SS appliances, a large island + NEW OVEN & DISHWASHER. Flexible den can serve as a 5th bdrm, office or game room & has full 3rd bath next to it. Upstairs you'll find a loft w/built-in desk, 4 bdrms + laundry room. Relax in the owner's suite w/vaulted ceilings, updated tile shower, garden tub, dual sinks, & organized walk-in closet. Backyard oasis features a pool w/fountain, grass, lg covered patio & partial mountain views. New water heater & softener, security door, alarm, a 3rd-car garage that has been insulated & converted into a music room but can be converted back into a garage or used for storage or a 5th bedroom.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $124,123. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms5
Bathrooms3
Square feet2,791
Property typeSingle Family
MLS #7059196
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$2,484/mo
Source est. payment (PITI)
$3,061/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$124,123

Asking price minus remaining loan balance. Closing costs are additional.

$0$124,123
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.